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Filing Details

Accession Number:: 0001209191-18-017816
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-03-07 18:22:03
Reporting Period:: 2018-03-05

Accepted Time:: 2018-03-07 18:22:03
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1575515	Sprouts Farmers Market Inc.	SFM	Retail-Grocery Stores (5411)	320331600

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1581624	N. Amin Maredia	5455 East High Street Suite 111 Phoenix AZ 85054	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Acquisiton	2018-03-05	54,555	$0.00	355,412	No	4	A	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2018-03-05	8,611	$25.24	346,801	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	65,000	Indirect	By Amin Maredia Family Growth Fund, L.P.

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, Par Value $0.001 Per Share	Stock Option (right to buy)	$39.01	2021-03-04	33,771	33,771	Direct
Common Stock, Par Value $0.001 Per Share	Stock Option (right to buy)	$34.33	2022-03-11	33,439	33,439	Direct
Common Stock, Par Value $0.001 Per Share	Stock Option (right to buy)	$20.98	2022-08-11	466,561	466,561	Direct
Common Stock, Par Value $0.001 Per Share	Stock Option (right to buy)	$28.21	2023-03-04	113,504	113,504	Direct
Common Stock, Par Value $0.001 Per Share	Stock Option (right to buy)	$24.48	2022-08-11	386,496	386,496	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-03-04	33,771	33,771	Direct
2022-03-11	33,439	33,439	Direct
2022-08-11	466,561	466,561	Direct
2023-03-04	113,504	113,504	Direct
2022-08-11	386,496	386,496	Direct

Footnotes

Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 5, 2019; one-third vesting on March 5, 2020; and the remaining one-third vesting on March 5, 2021, assuming continued employment through the applicable vest date.
This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.24 to $25.4807 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Includes, in addition to the 54,555 shares described in Note (1), 87,985 shares of common stock, 104,098 restricted shares and 100,163 performance share awards. Each restricted share and performance share award represent the right to receive, upon vesting, one share of common stock. 61,500 of such restricted shares will vest in two equal quarterly installments at the end of each calendar quarter beginning March 31, 2018 and continuing through June 30, 2018, and the remaining 42,598 restricted shares will vest annually over two years on March 3, 2019 and 2020. 4,318 of such performance share awards will vest on March 11, 2018, and the remaining 95,845 performance shares will vest annually over two years on March 3, 2019 and 2020. All such vestings assume continued employment through such dates.
These shares of common stock are held by Amin Maredia Family Growth Fund, L.P., an entity established by the reporting person for estate planning purposes. The reporting person (i) may be deemed to have beneficial ownership of the shares owned of record thereby, and (ii) has shared voting and investment power with respect to such shares.
All such options are presently exercisable.
75,670 options are presently exercisable; the remaining 37,834 options become exercisable on March 4, 2019.
276,070 options are presently exercisable; the remaining 110,426 options become exercisable equally on March 31, 2018 and June 30, 2018.